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Agri Market Commentary
03 Feb 2012
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Rice prices will probably extend a decline in the coming months as demand for imports weakens, while supplies and reserves expand, according to the United Nations’ Food & Agriculture Organization. The global milled-rice trade may drop 5% to 32.8 million tonnes in 2012 from a record 34.5 million tonnes in 2011 on improved crop prospects in key importers, the FAO said in a statement yesterday.
As per the latest release from the Ministry of Consumer Affairs, Food &.....
Agri Market Commentary
02 Feb 2012
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As per the latest updates from Ministry of Consumer Affairs, Food & Public Distribution, the Central Government has decided to make available 16.12 lakh tons of sugar (levy sugar 2.12 lakh tons and non-levy sugar 14.00 lakh tons) for the month of February, 2012.This quantity of 16.12 lakh tons is sufficient to meet the internal demand of sugar for the month of February, 2012.
An Indian ministerial panel on 7th Feb, 12 would consider either reducing or scrapping the minimum.....
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